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Cross Timbers Royalty Trust (CRT) is a publicly traded royalty trust that generates income from net profits interests in oil and gas properties located in Texas, Oklahoma, and New Mexico. The trust does not engage in direct operations or exploration activities but earns revenue from oil and gas production managed by third-party operators. CRT distributes income to unitholders based on the revenue generated from its interests in mineral properties.
- Oil Sales - Generates revenue from the sale of oil produced from royalty and working interests in Texas, Oklahoma, and New Mexico.
- Gas Sales - Generates revenue from the sale of natural gas produced from royalty and working interests in Texas, Oklahoma, and New Mexico.
- Nonproducing Royalties - Holds nonproducing mineral interests in Texas, Oklahoma, and New Mexico, which have not undergone significant development.
Name | Position | External Roles | Short Bio | |
---|---|---|---|---|
Nancy Willis | Director of Royalty Trust Services | Nancy Willis serves as the Director of Royalty Trust Services for CRT and is identified as a Vice President in some filings. No additional details about her background, board memberships, or role start dates are available. |
No recent press releases or 8-K filings found for CRT.